Forex Strategy RULES 1. Don’t wait for candle close to enter. ENTER AS SOON AS SIGNAL APPEARS if the conditions below are met. 2. Don’t trade on “NO TRADE ZONES” regardless of what signal is present. If a signal breakes the “No Trade Zone”, only trade if price has not moved too much away from it, because profit might only be small. THE IDEAL SETUP FOR THIS FOREX STRATEGY IS TAKE THE SIGNAL WHEN PRICE HAS JUST BROKE THE SUPPORT/RESISTANCE ZONE.

Divergence Discretionary System is a trading method based on divergence filtered with trend line. We have more divergence indicator. Lead indicator,for this strategy is RSI with trend line. Trade only in direction of divergence or at the breakout of the trend line on the RSI indicator. The other indicators are used as confirm. This technique can be used for trading with binary options, or no options.

The box occurs when price is ‘trapped’ inside two parallel support and resistance levels. Make sure both levels were tested at least twice before declaring a box set-up. The psychology behind the pattern is a battle between the bulls and bears. It is a period in which no side of the market is stronger and the market is in equilibrium. Such periods must end eventually – by a breakout to one side, signaling the victory of one of the sides of the market. [Read more…]